Solid announcement thanks AM!
The Company has, through its offtake partners and marketing agents in China, followed up with its own enquiries about the general graphite market in China and has concluded that the “sudden and material decrease” in spot prices for all flake sizes in China has not occurred as stated.
The large flake product of 80-mesh (895) has increased in price significantly despite the negative effects of the currency depreciation.
The domestic market in China remains sensitive to over-supply of these products while the market for larger flake sizes remains robust.
Just a matter of weeks now... a little more time to accumulate thank you!
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Solid announcement thanks AM! The Company has, through its...
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